Quiz Content

• Consider the following statements regarding the NPS Vatsalya Scheme, 2025:

  1. The scheme is administered by the Ministry of Labour and Employment and regulated by the Reserve Bank of India.
  2. Accounts under the scheme can be opened only for resident Indian minors and are not available to NRIs or OCIs.
  3. The scheme mandates a minimum contribution of ₹1,000 and sets a maximum limit on investments.

  How many of the above statements are incorrect?

  • Only one
  • Only two
  • All three
  • None

• Global Economic Prospects report, recently seen in news, is released by:

  • International Monetary Fund (IMF)
  • World Economic Forum (WEF)
  • World Bank
  • United Nations Development Programme (UNDP)

• Consider the following statements regarding Walker and Hadley circulations:

  1. Walker circulation is an east–west (zonal) atmospheric circulation operating mainly over the tropical Pacific Ocean.
  2. Hadley circulation involves rising air near the equator and subsidence around 30° latitude in both hemispheres.
  3. Strengthening of both Walker and Hadley circulations during La Niña conditions can influence winter weather anomalies over India.

  Which of the statements given above is/are correct?

  • 1 and 2 only
  • 1 and 3 only
  • 2 and 3 only
  • 1, 2 and 3

• M.S. Sahoo Committee, recently seen in news, is related to:

  • Reform of labour laws and wage codes
  • Regulation of insurance companies in India
  • Designing a framework for assured pension payouts under the National Pension Scheme
  • Review of banking sector NPAs

• Consider the following constitutional provisions:

  • Only one
  • Only two
  • All three
  • None